Douglas Borthwick, head of foreign exchange at Chapdelaine & Co., discusses currencies following the Fed hike, the Dutch elections and the Bank of England and Bank of Japan rate decisions. Citigroup's Jenna Giannelli she sees more pain to come in retail but it's not "the big short." Jamie Murray, chief economist at Bloomberg Intelligence in London, says Italy is the biggest risk to the Eurozone. Finally, Hugh Johnson, chairman and CIO of Hugh Johnson Advisors, discusses the Fed rate decision, his market outlook for 2017 and current investment ideas.

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